Buffett repositions portfolio amid bull market: What are his best picks now?
Investing.com | Author Davit Kirakosyan
Published Feb 15, 2024 07:21AM ET
Investing.com — Warren Buffett’s Berkshire Hathaway (NYSE:BRKb) disclosed its holdings for Q4/23 through its 13F filing, revealing a cautious approach to stock purchases during a period when stock prices surged.
The filing showed no new additions to Berkshire Hathaway's portfolio of publicly traded stocks. However, the legendary investor increased its stakes in Chevron (NYSE:CVX), Occidental Petroleum (NYSE:OXY), and Sirius XM Holdings (NASDAQ:SIRI), while reducing its holdings in HP (NYSE:HPQ), Paramount Global (NASDAQ:PARA), and Apple (NASDAQ:AAPL) - although Apple continues to be its largest investment by a significant margin.
Moreover, Berkshire entirely sold out of its investments in D.R. Horton Inc (BVMF:D1HI34), Globe Life (NYSE:GL), Markel (NYSE:MKL), and StoneCo (NASDAQ:STNE).
But amid these strategic moves, a question arises: among all the companies in Buffett's portfolio, which are the best now?
This is where our predictive AI tool, ProPicks, steps in. By combining several financial models, our Best of Buffett strategy meticulously analyzes every stock in Buffett's portfolio and determines the top 5 stars from an already stellar group.
These stocks are then reevaluated on a quarterly basis, ensuring up-to-date accuracy.
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Written By: Investing.com
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